Golix Files Case in Court Against Reserve Bank of Zimbabwe
May 26, 2018 at 17:08News
The Reserve bank of Zimbabwe (RBZ) issued rules of thumb in a circular on May 13 that detailed that all cryptocurrency activities carried out in the country were being stopped. The RBZ went ahead and indicated that all domestic digital currency operations were given the maximum of two months to begin complaining. RBZ is now facing a lawsuit from a giant cryptocurrency exchange.
Eight of Singapore’s Crypto Exchanges Were Asked to Avoid Unlicensed Assets
May 26, 2018 at 10:21News
Eight digital currency exchanges, operating on the Singaporean crypto market, were warned not to deal with the trading of securities or futures contracts that have not obtained authorisation from the Monetary Authority of Singapore (MAS), according to a statement published by the financial market regulator on May 24.
Sberbank Attempts to Launch Russia’s First Initial Coin Offering
May 25, 2018 at 17:15News
Sberbank CIB in a partnership with National Settlement Depository (NSD) has announced their intention to set up an Initial Coin Offering (ICO) in the Bank of Russia’s regulatory sandbox. The issuer of the digital currency will be Level One, that operates the largest lecture hall on Moscow’s financial market.